Property profile

87 CHESTNUT ST New Paltz, NY 12561

OFF-MARKET
Commercial Building, Mail Order, Show Room (Non-Auto)
Property ID
US63-2013185
63,280 SF 1.4 ac lot Built 2020
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Property summary

AI-generated overview

A Class A retail space located in the Village of New Paltz, New York, within a Platinum LEED-certified property. The available suite totals 2,020 square feet and features large black frame storefront windows and doors. The building is situated with frontage on Route 32 (N. Chestnut), and the site includes pedestrian amenities such as a sculpture, benches, and architectural street lamps. Parking is provided in an adjacent lot and along the street in front of the building, with several EV charging stations available. The space is configured in a white-box condition suitable for tenant improvements, with cooling, heating, and lighting utilities available. The property is zoned NBR—Neighborhood Business and sits on a 1.4-acre lot in Ulster County. The property has approval for a special use permit to allow a NYS-licensed retail cannabis dispensary.

Property profile

Verified
Property type Commercial Building, Mail Order, Show Room (Non-Auto)
Year built 2020
Total area 63,280 SF
Lot 1.4 ac (60,984 SF)
APN 513801 86.26-1-14.11
UPID US63-2013185

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • Department Store

Location

87 CHESTNUT ST New Paltz, NY 12561
New Paltz metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2018
Last sale
$490,000
1 recorded transaction
2018
Price N/A
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